Aviat Intangible Assets vs Net Tangible Assets Analysis

AVNW Stock  USD 15.12  0.67  4.64%   
Aviat Networks financial indicator trend analysis is way more than just evaluating Aviat Networks prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aviat Networks is a good investment. Please check the relationship between Aviat Networks Intangible Assets and its Net Tangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aviat Networks. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Aviat Stock please use our How to Invest in Aviat Networks guide.

Intangible Assets vs Net Tangible Assets

Intangible Assets vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aviat Networks Intangible Assets account and Net Tangible Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Aviat Networks' Intangible Assets and Net Tangible Assets is 0.36. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Aviat Networks, assuming nothing else is changed. The correlation between historical values of Aviat Networks' Intangible Assets and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Aviat Networks are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Intangible Assets i.e., Aviat Networks' Intangible Assets and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.36
Relationship DirectionPositive 
Relationship StrengthVery Weak

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Aviat Networks' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aviat Networks current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aviat Networks. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Aviat Stock please use our How to Invest in Aviat Networks guide.At this time, Aviat Networks' Tax Provision is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 59.25 in 2024, whereas Selling General Administrative is likely to drop slightly above 81.4 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit109.2M124.2M144.7M103.0M
Total Revenue303.0M346.6M408.1M357.3M

Aviat Networks fundamental ratios Correlations

0.510.630.880.95-0.08-0.22-0.070.910.540.750.550.840.220.550.710.540.830.380.80.620.94-0.760.18-0.270.11
0.510.40.50.30.020.330.170.560.240.30.170.78-0.140.140.930.370.51-0.130.850.950.53-0.03-0.15-0.080.33
0.630.40.80.450.5-0.63-0.170.630.90.020.890.420.720.180.490.80.820.30.640.540.82-0.290.64-0.35-0.42
0.880.50.80.720.15-0.3-0.170.950.640.40.630.70.360.420.630.70.920.410.780.630.97-0.510.41-0.39-0.18
0.950.30.450.72-0.24-0.24-0.010.780.430.860.470.720.180.540.530.40.690.360.610.40.81-0.860.09-0.150.2
-0.080.020.50.15-0.24-0.52-0.32-0.040.52-0.50.460.010.65-0.080.090.30.110.160.220.220.150.240.75-0.41-0.62
-0.220.33-0.63-0.3-0.24-0.520.45-0.08-0.830.14-0.860.11-0.75-0.230.15-0.35-0.34-0.51-0.050.16-0.370.33-0.640.440.69
-0.070.17-0.17-0.17-0.01-0.320.45-0.05-0.350.01-0.36-0.050.0-0.77-0.050.31-0.02-0.93-0.1-0.01-0.10.32-0.080.850.57
0.910.560.630.950.78-0.04-0.08-0.050.450.530.450.790.20.420.680.60.840.320.780.650.93-0.510.23-0.280.08
0.540.240.90.640.430.52-0.83-0.350.450.020.990.330.690.310.370.60.680.450.530.390.71-0.350.57-0.49-0.52
0.750.30.020.40.86-0.50.140.010.530.020.050.67-0.270.610.52-0.030.340.290.470.340.47-0.81-0.33-0.070.48
0.550.170.890.630.470.46-0.86-0.360.450.990.050.290.70.320.320.580.660.480.480.320.71-0.390.57-0.43-0.53
0.840.780.420.70.720.010.11-0.050.790.330.670.29-0.020.510.920.350.640.230.940.860.76-0.520.0-0.270.29
0.22-0.140.720.360.180.65-0.750.00.20.69-0.270.7-0.02-0.19-0.060.680.450.060.150.020.44-0.110.81-0.11-0.45
0.550.140.180.420.54-0.08-0.23-0.770.420.310.610.320.51-0.190.43-0.250.260.890.430.290.41-0.73-0.19-0.7-0.09
0.710.930.490.630.530.090.15-0.050.680.370.520.320.92-0.060.430.340.580.150.950.980.68-0.32-0.07-0.260.25
0.540.370.80.70.40.3-0.350.310.60.6-0.030.580.350.68-0.250.340.82-0.160.530.420.73-0.140.660.05-0.22
0.830.510.820.920.690.11-0.34-0.020.840.680.340.660.640.450.260.580.820.250.760.580.93-0.50.42-0.28-0.14
0.38-0.130.30.410.360.16-0.51-0.930.320.450.290.480.230.060.890.15-0.160.250.230.070.36-0.60.1-0.82-0.47
0.80.850.640.780.610.22-0.05-0.10.780.530.470.480.940.150.430.950.530.760.230.940.82-0.420.17-0.350.07
0.620.950.540.630.40.220.16-0.010.650.390.340.320.860.020.290.980.420.580.070.940.65-0.160.03-0.260.17
0.940.530.820.970.810.15-0.37-0.10.930.710.470.710.760.440.410.680.730.930.360.820.65-0.580.41-0.32-0.11
-0.76-0.03-0.29-0.51-0.860.240.330.32-0.51-0.35-0.81-0.39-0.52-0.11-0.73-0.32-0.14-0.5-0.6-0.42-0.16-0.58-0.020.31-0.04
0.18-0.150.640.410.090.75-0.64-0.080.230.57-0.330.570.00.81-0.19-0.070.660.420.10.170.030.41-0.02-0.17-0.61
-0.27-0.08-0.35-0.39-0.15-0.410.440.85-0.28-0.49-0.07-0.43-0.27-0.11-0.7-0.260.05-0.28-0.82-0.35-0.26-0.320.31-0.170.48
0.110.33-0.42-0.180.2-0.620.690.570.08-0.520.48-0.530.29-0.45-0.090.25-0.22-0.14-0.470.070.17-0.11-0.04-0.610.48
Click cells to compare fundamentals

Aviat Networks Account Relationship Matchups

Aviat Networks fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets179.8M297.7M323.9M364.5M535.2M340.6M
Short Long Term Debt Total12.7M4.0M2.9M2.8M52.2M54.8M
Other Current Liab29.7M30.1M27.8M19.9M54.9M36.9M
Total Current Liabilities94.0M96.4M104.5M130.1M218.9M119.3M
Total Stockholder Equity68.7M183.3M201.8M220.1M255.9M147.1M
Property Plant And Equipment Net20.4M15.5M11.6M12.0M13.2M23.8M
Net Debt(28.9M)(44.0M)(34.0M)(19.5M)(12.4M)(13.1M)
Retained Earnings(730.7M)(620.6M)(599.4M)(587.9M)(578.5M)(607.4M)
Accounts Payable32.0M32.4M42.4M60.1M92.9M48.5M
Cash41.6M47.9M36.9M22.2M64.6M55.4M
Non Current Assets Total39.9M127.4M117.5M126.8M130M94.4M
Cash And Short Term Investments41.6M47.9M47.8M22.2M64.6M48.7M
Net Receivables72.7M85.7M119.0M167.0M248.5M261.0M
Common Stock Shares Outstanding10.9M11.7M11.8M11.9M12.5M11.6M
Liabilities And Stockholders Equity179.8M297.7M323.9M364.5M535.2M340.6M
Non Current Liabilities Total17.2M17.9M17.7M14.3M60.5M63.5M
Inventory15.2M24.9M27.2M33.1M62.3M40.3M
Other Current Assets10.4M11.8M12.4M22.2M43.4M22.4M
Other Stockholder Equity814.3M818.2M817.1M823.9M853.6M669.7M
Total Liab111.1M114.3M122.2M144.4M279.3M293.3M
Property Plant And Equipment Gross20.4M15.5M11.6M12.0M74.9M78.7M
Total Current Assets140.0M170.2M206.4M237.7M405.2M246.2M
Accumulated Other Comprehensive Income(15.0M)(14.3M)(16.0M)(16.0M)(19.3M)(20.3M)
Short Term Debt10.4M1.5M513K1.2M3.4M5.8M
Non Currrent Assets Other6.7M8.4M10.4M13.7M11.8M12.4M
Other Liab14.8M14.7M15.3M12.2M14.0M14.4M
Other Assets19.5M111.9M105.9M100.6M115.7M121.5M
Property Plant Equipment20.4M15.5M11.6M9.5M8.5M8.1M
Current Deferred Revenue21.9M32.3M33.7M44.3M58.8M61.8M
Net Tangible Assets68.7M183.3M201.8M205.9M236.8M127.9M

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